HORIZONMarkets
01

Complete project overview

GujRERA · Registration filing
Units
60 units
Carpet area
49–106 sq mper-unit range, as filed
Blocks
3
Parking
5 spaces
Land area
1,997 sq m

Timeline

Project startedJan 2019
RERA registeredJun 2019
Proposed completionMar 2024
TodayJul 2026
Construction progress

81% overall, as filed

Overall % complete as filed with GujRERA, taken as the slowest of the project's blocks — a snapshot, not a live tracker. Where a BU permission is on record (section 04), that is the firmer completion signal.
02

Builder’s track record

GujRERA · Promoter registration

VAIBHAVI DEVELOPERS

PARTNERSHIP FIRMPromoter type
Rajkot, GujaratBased in
6Projects
5Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
380 homes · 162 plotson the public record across 6 projects
23,577 sq mbuilt-up filed
13,020 sq mplotted area
27,721 sq mland declared
₹62.62 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Rajkot Municipal CorporationMunicipal / Corporationthis project2 of 5 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 5 projects
Pune Municipal CorporationMunicipal Corporation1 of 5 projects
Surat Municipal CorporationMunicipal / Corporation1 of 5 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

GujRERA · Registration filing
Taluka
Rajkot
District
Rajkot
Address
OPP AMBIKA TEMPLE STREET, OPP ISHAAN FLATS60 FEET ROAD, AMBIKA TOWNSHIP
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away · Clinic within 2km
LifestylePark 1.8km away
ShoppingNo supermarket within 2km · Mall 1.1km away
Getting around
Expressway 1.6 kmPrimary road 1.8 km · AG Chowk FlyoverRailway line 3.3 kmRailway station 3.4km away (Bhaktinagar)Limited bus connectivity nearby
Water & environment
Water body 2.1 km · Water TankRiver 2.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.48 Cr declared to build 60 flats. What that works out to:

₹13.50 Lakh – ₹43.47 Lakhdeclared unit pricerange on the filing — not a live asking price
₹20.79 Lakhdeclared cost per flatall-in — land + construction
₹2,474/sq ftof carpet area₹26,633/sq m
87%of the cost is land₹5,067/sq ft of land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

GujRERA · Approved building plan

Rajkot Municipal Corporation

Municipal / Corporation
Building Permitapproved 7 Jun 2019 · 7 yrs ago

The promised possession date (31 Mar 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

Building-Use (BU) permission — the occupancy sign-off, on record

All 3 blocks carry a Building-Use (BU) permission (latest 15 Feb 2024)— Gujarat’s legal-to-occupy sign-off, and the completion proof most RERA records simply don’t carry. Still confirm the BU covers your specific unit before you rely on it.

The approving body, at scale

Rajkot Municipal Corporation

Municipal Corporation

Has approved 1,120 RERA projectsabout 1 in 15 in Gujarat.

an apartments market99% apartments · 1% plotted layouts. Apartments like yours are this body's core business.

Builders
910
On record
83,645 flats · 1,612 plots
Reach
2 talukas
Since
2011

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.
  • Complaints — GujRERA does not publish a complaints register. This read cannot speak to them either way.